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Jan 31, 2013
01/13
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payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it the one i am lori rothman, it has been a pleasure sitt [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. just like you. (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. making the big romantic gesture. that's p
payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it the one i am lori rothman, it has been a pleasure sitt [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or...
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Jan 29, 2013
01/13
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FBC
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raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world the tax court hurts us, and frankly will bring down what i call the compliance tax. how many people do their own taxes now and pay millions if not billions of dollars in the country as a whole to get somebody else to figure this thing out. i would pay a higher rate if i knew i didn't have to pay the extra $2000 cut $2500 per year to the accountant to tell me what its supposed to be. it is a serious one. liz: texas have made more liars than a golf hats, but if you're going to do tax reform it took years, you have to start it now, right? >> ra
raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world...
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Jan 24, 2013
01/13
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FBC
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now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had -- merchant has to pay to exit the credit card, cone -- commonly called a slight fee, in the past they have not been able to charge a line-item extra cost to the consumer to cover that. starting this sunday will be allowed to. that is the bad news. they have already baked in that she in the price of the merchandise the you're buying. so now not only unable to charge a fee on top of what you're already purchasing, but essentially paying the fee to times over, and those of us to pay cash are really getting screwed because we're still paying the fee for people using credit cards. g
now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had --...
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he's raised taxes. we will see what the result is, but, again, we have empirical evidence all over the place that it ends in disaster. charles: what's interesting is the golden age of california was revitalized with the tax revolt. you know, 79-80, and that brought back prosperity to them, and back full circle, again, doing these -- prop 30 is crazy. by the way, people think, oh, california, just taxing the rich. if you make more than $48,000, you pay 9%. that's crazy. that's e enormous. >> out of control. illinois has big, big problems. couldn't float debt this week because they were downgraded. if you want to see the future of this country? look at california, look at illinois. we are walking down that path. charles: gerri, you studied this stuff. false assumptions they make, when the money doesn't come in, what's the next move? >> here's what i think. places like california and illinois turn to the federal government and say, hey, taxpayer, hey american taxpayer, pony up because we can't pay our bill
he's raised taxes. we will see what the result is, but, again, we have empirical evidence all over the place that it ends in disaster. charles: what's interesting is the golden age of california was revitalized with the tax revolt. you know, 79-80, and that brought back prosperity to them, and back full circle, again, doing these -- prop 30 is crazy. by the way, people think, oh, california, just taxing the rich. if you make more than $48,000, you pay 9%. that's crazy. that's e enormous....
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Jan 27, 2013
01/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any...
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Jan 31, 2013
01/13
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lowering taxes, corporate taxes, ensure people have opportunity. what did you think of those ideas? were they good? >> well, you know, i didn't look at every single one, but anybody that runs a companment -- company wants a clear playing field; right? less regulation, less competition with government, lower taxes. those are all the things that would help america be more competitive, but those are, against what jason just rightly pointed out where obama's economic policies, which are really social policies. he wants the country to look a certain way and be directed by the government, not by the private sector. gerri: that's true. >> so the bigger the government gets, by the way, the higher the unemployment rate is going to be. we see that -- gerri: that's true. >> we look all around the world, that's why we have such a high unemployment rate today. >> there's job opportunities of plepty under the president's nose. the keystone pipeline, shale gas boom, companies overseas to repatriate, invest domestically, but he's not interested. gerri: he wants infrastructure projects. >> they have
lowering taxes, corporate taxes, ensure people have opportunity. what did you think of those ideas? were they good? >> well, you know, i didn't look at every single one, but anybody that runs a companment -- company wants a clear playing field; right? less regulation, less competition with government, lower taxes. those are all the things that would help america be more competitive, but those are, against what jason just rightly pointed out where obama's economic policies, which are...
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Jan 26, 2013
01/13
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next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. gerri: you'll never believe who is on the receiving end of your taxpayer dollars, and how gerri: taxpayer dollars hard at work providing medicare services to illegal immigrants and prison inmates, may friends. according to a new report by the health and human services inspector general, totaled more than $125 million between 2009 and 2011, and joining me now, dr. scott, resident fellow at the american enterprise institute. doc, welcome back to the show. good to see you. how oes this happen? doesn't the government know who they are sending checks to? >> well, the answer is no, medicare doesn't have systems in place to make sure the payments made are appropriate. they were inproper payments, about $65 billion a year in improper payments, different than fraud. gerri: 65 billion? just as if this is a normal thing that happens, and, boy -- why can'
next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. gerri: you'll never believe who is on the receiving end of your taxpayer dollars, and how gerri: taxpayer dollars hard at work providing medicare services to illegal immigrants and prison inmates, may friends. according to a new report by the health and human services inspector...
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Jan 25, 2013
01/13
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income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil mickelsons of this world are driving the tax debate. phil mickelson objects to a 63% tax rate. who wouldn't? when this tax become legalized theft? this is a moral question as well as financial. here you have a sports guy driving a moral and financial tax debate. is not going away either. the president wants to raise taxes even more and we will soon see the impact of that disaster known as obamacare. bring on the debate. do you think 63% is a fair share for the government? do you think any american should be cowed into living where the government can tax them most? i know wh
income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil...
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Jan 28, 2013
01/13
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>> they have to pay back tax and have a noncriminal record. they hto be able to understand and study history. they have to get in line behind everrone else. they will be grantedded legal stall us but they get behind everyone else who has waited legally for green card status. >> and military service? anyone think about requiring a year or two of military service? >> if the military could use people for a y or two could be in ou minute enlistment is four but there is a proposal one dream act to acrate their path, the young people who are brought here at children by parents that military service and schooling could be part of it and high-tech, those would graduate with ph.d.'s and others in the high technology, wet a way to keepm in the united states. >> senator schumer pointed out @%u like to get g right away, and he said maybe day one we can moveas soon as its rough the senate and passes the house. my concern sir, tell me where i am wrong, i happensthat quickly, will we have a flood of illegals coming across the border to beat the clock saying
>> they have to pay back tax and have a noncriminal record. they hto be able to understand and study history. they have to get in line behind everrone else. they will be grantedded legal stall us but they get behind everyone else who has waited legally for green card status. >> and military service? anyone think about requiring a year or two of military service? >> if the military could use people for a y or two could be in ou minute enlistment is four but there is a proposal...
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Jan 28, 2013
01/13
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with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history of making bad business decisions in illinois. we sold the parking meter rights, and weave given away cash flows for 20 years on out. this is no surprise, and it's the worst in the union now, and it's not better because we're on a negative watch as well again. where we go from here is we have to see a massive exodus of people like myself or anybody get behind this. we're in trouble. are you or anyone else in illinois going to do a mike dirk mickelson or sarkozy in do you see a lot of tax refugees pouring out of illinois, you
with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history...
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Jan 29, 2013
01/13
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credit -- melissa: they would pay payroll taxes, state, local, and federal taxes. >> right. we think 55% of illegals are already paying taxes. it's not that much. their income is so much less on average, reflecting educational attainment, that even if the other 45% paid payroll tax, generally, they don't pay income tax because they are too poor. we think 80% or less educated. what the fiscal impact reflects, not so much where they are from or who they are, rather their educational attainment. unskilled immigration is costly for taxpayers even though most work. melissa: steve, thank you for your time. >> sure thing. melissa: next on "money," violent protests in egypt, the critical passageway for oil supplies could be at risk. we'll explain. plus, it tastes so good, but that grocery store frozen pizza, is it toxic for your body? one says the california pizza kitchen is deliberately poisenning consumers. i don't know. we have the details. piles of "money," but no frozen pizza though. that's coming up president ♪ have given way to sleeping. tossing and turning where sleepless
credit -- melissa: they would pay payroll taxes, state, local, and federal taxes. >> right. we think 55% of illegals are already paying taxes. it's not that much. their income is so much less on average, reflecting educational attainment, that even if the other 45% paid payroll tax, generally, they don't pay income tax because they are too poor. we think 80% or less educated. what the fiscal impact reflects, not so much where they are from or who they are, rather their educational...
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Jan 25, 2013
01/13
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next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex o
next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how...
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Jan 30, 2013
01/13
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FBC
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. tracy: half past the hour, let's take a look at the dow 30. boeing up top trying to figure it all out. exxonmobil at the bottom right now. as is cisco systems and 3m. the tech companies having issues today. that's the floor of the new york stock exchange. nicole, you are one with us during the whole thing. love to hear his thoughts on all of this because the market took it in stride, moved a little, not a whole lot of movement. nicole: ben willis can break it down little bit for us. you're right, we didn't move around a whole lot. what we do make of the fed comments? >> not a lot. you will look at something to pick out of the headlines it would be the slowdown in growth. that is a pretty important story. the world growth we have seen not significant, not what we needed to see. the fact it is now slowing down is not a good sign. nicole: household
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. tracy: half past the hour, let's take a look at the dow 30. boeing up top trying to figure it all out. exxonmobil at the bottom right now. as is cisco systems and 3m. the tech companies having issues today. that's the floor of the new york stock exchange. nicole, you are one with us during the whole...
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Jan 29, 2013
01/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ashley: is half past the hour. taking a look at the dow 30 right now. we are up 65 points. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: we have watched the markets get closer and closer to 14,000. it has been an exciting time. how do you think you feel traders feel about the fact that we went from 6500 almost back to our all-time high. >> there is a fair amount of interpretation that we are already overextended, overbought. we are sticking up that bullish sentiment in there. if you look at what is happening, we are making higher lows with each day. we have done that with ten sessions. when we pulled back, it is higher each time. i spoke to one guy before i came on the air and he sees no reason why we can't go back to the old high in 2007. nicole: there you have it. everyone was saying that
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ashley: is half past the hour. taking a look at the dow 30 right now. we are up 65 points. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: we have watched the markets get closer and closer to 14,000. it has been an exciting time. how do you think...
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Jan 24, 2013
01/13
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i think that might mean a carbon tax. what do you think of a carbon tax? >> global warming is a real issue and what is the most of corn tissue of our time, the environment we live in. obviously we have to protect it. i think that is a possibility and probably something that may be effective. stuart: wouldn't do any good? >> if we could get bipartisan support, it could -- stuart: when it would lower carbon emissions in a miniscule, may be lower the temperature is your.1% over a longer period of time. it is just a fund of money. that is why -- that is what it is all about. >> those dollars would be used for other efforts to control and focus on changing climate. stuart: they would just fill government coffers with that the needed money. >> if that is the case they wouldn't be a good thing. stuart: when you are if in favor of carbon tax to raise money. >> i am not. i am in favor of it as a way of controlling, beginning to control global warming and giving resources to combat it. stuart: i want to bring you the answer to the quiz we brought you before the brea
i think that might mean a carbon tax. what do you think of a carbon tax? >> global warming is a real issue and what is the most of corn tissue of our time, the environment we live in. obviously we have to protect it. i think that is a possibility and probably something that may be effective. stuart: wouldn't do any good? >> if we could get bipartisan support, it could -- stuart: when it would lower carbon emissions in a miniscule, may be lower the temperature is your.1% over a...
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Jan 25, 2013
01/13
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he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get better in spite of the economy. supply and demand. for household formation. connell: wait a minute, a drop in sales came in. we will sort all this out coming up. and flipping houses and fixing them up. vanilla ice, of all people, is with us during this hour. republicans need to get tougher and cut federal programs. 58% of americans oppose anything happening. we are going to start with the stock market. we have been talking about this. we are up again today with nicole petallides covering it from the new york stock exchange. nicole: it shows you what we are just 3
he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get...
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Jan 24, 2013
01/13
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to give me started on your carbon taxes. a huge source of revenue. in the -- in his course of life, he spent years railing against the oil companies, and he just sold out. melissa: i feel like michael blumberg was behind this. melissa: i bet both of them. so this was interesting. apparently the italian mafia is infiltrating the renewable energy businesses the government offers billions in subsidies for wind and solar development. crime families are reporting land and then pressuring the owners to sell or offering long-term leases. and local officials are bribes. obviously, to expedite the approval. officials have enough clothes and more than $2 billion in assets and arrested some of the key players. i don't know. it seems like this is a perfect fit. the mafia and green energy. >> money and fraud. they get together. >> follow the "money". a lot of money in green energy. so they're going to. this is an opportunity. >> why do you rob banks? this is where the money is. that's why al gore and the others. the source of all our problems. >> allowing greed.
to give me started on your carbon taxes. a huge source of revenue. in the -- in his course of life, he spent years railing against the oil companies, and he just sold out. melissa: i feel like michael blumberg was behind this. melissa: i bet both of them. so this was interesting. apparently the italian mafia is infiltrating the renewable energy businesses the government offers billions in subsidies for wind and solar development. crime families are reporting land and then pressuring the owners...
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at apparel tax hikes have left them with smaller paychecks. the wine industry is adopting to customers to just have less money to spend it. joining us, founder and ceo of an online media company that focuses on wine and, of course, one expert extraordinaire herself. let's talk first about this confluence of events that has come together. >> thanks for having me back. and all of this is good for the california in u.s. wine industry, but is not going to be great in 2013. a boom in chardonnay eckhardt time to raise prices. tracy: the stock about that. less grapes planted in 2009 because of the recession. bad weather in 1011. >> is an agriculture products. yet the shrinking supply and pricing pressure. a wide-open playing pressure for imports. more and more wine according to stone bridge. with all this pressure, we are leaving it wide open for the imports to come and compete. tracy: this is the last thing that california wineries -- >> last american needs. state tax is going through the roof. we talked about this last time. you cannot pick up and
at apparel tax hikes have left them with smaller paychecks. the wine industry is adopting to customers to just have less money to spend it. joining us, founder and ceo of an online media company that focuses on wine and, of course, one expert extraordinaire herself. let's talk first about this confluence of events that has come together. >> thanks for having me back. and all of this is good for the california in u.s. wine industry, but is not going to be great in 2013. a boom in...
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Jan 25, 2013
01/13
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CNBC
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the estate tax which lets your charitable giving not be taxed is clearly a very positive encouragement to look at giving. i'd say that even more than the taxes, though, the fact that there's more examples of people where -- so everyone is asking themselves, you know, could i be giving you something, the fact that they hear the impact is very strong, i think the kind of social movement is even more, but the tax structure helps. >> what continuing investment is needed at this point? in other words who are the biggest stakeholders you want to reach that you haven't reached yet that haven't been as generous as they could? is this process harder as we see austerity taking place all around the world? >> well, the money that helps out the poorest overwhelmingly comes from government aid budgets and so what kind of priority that gets say in the u.s. budget process over the next four or five years i'd say is pretty unclear. will the generosity go up? will it be cut proportionately? or will it suffer a disproportionate cut, you know? unless we tell the aids story very well, you know, i'd be quit
the estate tax which lets your charitable giving not be taxed is clearly a very positive encouragement to look at giving. i'd say that even more than the taxes, though, the fact that there's more examples of people where -- so everyone is asking themselves, you know, could i be giving you something, the fact that they hear the impact is very strong, i think the kind of social movement is even more, but the tax structure helps. >> what continuing investment is needed at this point? in...
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Jan 31, 2013
01/13
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guys, it is tax time. and td mare tried just put out a survey on how you want the government to spend your hard-earned cash. joining me now is retail distribution. everyone wants something for their money, right? what do americans feel about how they would like the government to spend their hard-earned tax dollar? >> one of the number one things, mandy, is they wanted the government to decrease the health of cost care and the other is to pay down pet. and they are craving our government to elame nate and get responding on the whole, people do not tax hikes? they do not putting in a little bit more if they feel that they are getting a little bit more back? >> i think actually in the u.s., we just don't like to pay taxes. >> i think you will find that in every country and the world. maybe. but what we see is people don't mind paying more as long as it isn't going to waste. they also want to see reduction in spending to offset that and balance the budget. >> what is the mind-set in terms of what people will d
guys, it is tax time. and td mare tried just put out a survey on how you want the government to spend your hard-earned cash. joining me now is retail distribution. everyone wants something for their money, right? what do americans feel about how they would like the government to spend their hard-earned tax dollar? >> one of the number one things, mandy, is they wanted the government to decrease the health of cost care and the other is to pay down pet. and they are craving our government...
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Jan 31, 2013
01/13
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payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it has been a pleasure sitting in for lou dobbs. you can check us out online. good night from new york. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪
payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it has been a pleasure sitting in for lou dobbs. you can check us out online. good night from new york. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet......
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Jan 29, 2013
01/13
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in fact a lot of people were concerned, joe, with this new tax, they have to add on the 7% tax, it adds up to 9% in some cases in california. these huge new sales taxes that the internet used to be able to avoid, they can't avoid it all over the place now. certain states it does kick in, that didn't seem to hurt sales too much. kind of surprising. >> i live in illinois. i live in chicago that's one of them. >> we have taxes in this town. this is nothing. the expectations are built in. not like we didn't know about this. that is like the general market. we see the things out in the forefront. investors and traders are not reacting like they normally would when they see the top line and follow-up data. they're looking at the stock. looking at what could potentially happen. i think this is priced in. david: joe, thanks. we'll see you in a couple of minutes when the s&p futures close. thanks. liz: well at this year's consumer electronics show you know we tried our absolute darnedest to break corning's new gorilla glass. they keep reinventing it. i was jump all over the thing of the the tenn
in fact a lot of people were concerned, joe, with this new tax, they have to add on the 7% tax, it adds up to 9% in some cases in california. these huge new sales taxes that the internet used to be able to avoid, they can't avoid it all over the place now. certain states it does kick in, that didn't seem to hurt sales too much. kind of surprising. >> i live in illinois. i live in chicago that's one of them. >> we have taxes in this town. this is nothing. the expectations are built...
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Jan 28, 2013
01/13
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CNBC
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they're already working here and are paying some taxes. this will get them fully on the tax rolls. even more important than that for the future of the economy, this will give us the workers we need the the future. both high skilled workers like scientists and low skilled workers that will help grow the economy. >> i would really like to know how you overcome zen phobia. the idea that immigrants come here and steal our jobs. i mean, i always felt the fact of the matter is they're often doing the jobs the locals don't ef want to do. but how do we get over that? >> obviously people are wary of this, but when -- people do -- for example, many americans now realize that they're not raising their kids to be farm workers. many americans realize that they're not raising their kids to be home health aides. home health aid is the fastest growing job in america right now. americans realize that's not what they're raising kids to be. the fact of the matter is, most americans are in the middle of the education spectrum. we've mostly graduated from high school, but we don't have the ph.d.s, we d
they're already working here and are paying some taxes. this will get them fully on the tax rolls. even more important than that for the future of the economy, this will give us the workers we need the the future. both high skilled workers like scientists and low skilled workers that will help grow the economy. >> i would really like to know how you overcome zen phobia. the idea that immigrants come here and steal our jobs. i mean, i always felt the fact of the matter is they're often...
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Jan 30, 2013
01/13
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FBC
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we have seen tax refugees from income taxes. are we now going to see death tax refugees? we must, i guess? liz: yeah i mean they get you coming and going. when one state does it, the others copy cat it. the worst states to die in are new jersey and maryland, federal state, and inheritance tax assessed against your heirs. stuart: no income tax in florida or estate tax in florida as well. that's very important. charles: that's why the villages is more like a mini city. people are flocking down there. you don't work your whole life to give the money to the government, after you have already given half of it. stuart: the highlight reel is next. to generate income? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now ge
we have seen tax refugees from income taxes. are we now going to see death tax refugees? we must, i guess? liz: yeah i mean they get you coming and going. when one state does it, the others copy cat it. the worst states to die in are new jersey and maryland, federal state, and inheritance tax assessed against your heirs. stuart: no income tax in florida or estate tax in florida as well. that's very important. charles: that's why the villages is more like a mini city. people are flocking down...
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tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not a big fan right now. financials, the sectors will have the best earnings growth of any sector. cheryl: we discussed all the earnings. they said a very strong. but at the same time, you get, again, bank of america. there seems to be this crazy split between good banks and bad banks from a stock perspective. >> that is one reason that makes the big banks a bit risky to invest in big is the stock prices have all run up, but if you have any consistency in the margins and the inconsistency. just the voluminous disclos
tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not...
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Jan 31, 2013
01/13
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FBC
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i think the increased spending and increased taxing approach to our fiscal crisis is wrong. we need to focus on the fact that the problem is in the spending and we need to deal with the entire budget and everything needs to be on the table including medicare, medicaid and the entitlement programs as well as revenue. i am sure you know i am a strong advocate for broadbased program something similar to what the bowles-simpson commission put out but i want to see a commission to a pro-growth agenda too, the kind of reform of our tax code that will make it so we don't have the most unfair, complex, expensive to comply with and anti-competitive tax code we could conceivably come up with. those reforms are what i'm looking for in terms of the leadership of the treasury. rich: thanks for joining us. we will be with you every step of the way on all these important issues. dennis: thank you, peter barnes and senator mike crapo. cheryl: from washington to new york the dow continues to not get close to the 14,000 mark. the dow and the s&p seems to be hitting tough technical levels, una
i think the increased spending and increased taxing approach to our fiscal crisis is wrong. we need to focus on the fact that the problem is in the spending and we need to deal with the entire budget and everything needs to be on the table including medicare, medicaid and the entitlement programs as well as revenue. i am sure you know i am a strong advocate for broadbased program something similar to what the bowles-simpson commission put out but i want to see a commission to a pro-growth...
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Jan 31, 2013
01/13
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it has dramatically raised taxes and it still cannot pay. the big failure is with pension reform. the unions have blocked it insisting that all the promises made in the past must be paid in full. now, they try to borrow and they can't. at least not at an affordable interest rate. so they are stuck. they are in crisis. we've said many times on this program that what illinois really wants, what it says -- really looking for it is an obama bailout. they want a pay off for voting heavily for the president's reelection. will they get it? more importantly are you in texas, new jersey and all over the country, are you prepared to give them your money? stuart: let's get right at it. illinois at a stand still. they can't borrow money. it is a crisis. wgn radio host is our person in illinois and she joins us now. yesterday they were trying to issue a bond, trying to raise 500 million dollars. they had to cancel it because the interest they would have to pay would just -- they couldn't afford it. are they now at a stand still unable to pay bills and they can't borrow? >> well, stuart, you kn
it has dramatically raised taxes and it still cannot pay. the big failure is with pension reform. the unions have blocked it insisting that all the promises made in the past must be paid in full. now, they try to borrow and they can't. at least not at an affordable interest rate. so they are stuck. they are in crisis. we've said many times on this program that what illinois really wants, what it says -- really looking for it is an obama bailout. they want a pay off for voting heavily for the...
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Jan 24, 2013
01/13
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ashley: that's right. >> moving tax rates, capital gains and dividend taxes from 15 to 24%, and taxing the rich is not a pro-growth policy. ashley: have to leave it right there. ed lazear, thanks so much for joining us. really appreciate it. >> thank you. tracy: especially when the rich keep moving. ashley: that's right. good point. tracy: follow the golfers. as we do every 15 minutes we check the markets now. nicole petallides on the floor of the stock exchange. good day for the drugmakers, huh, nicole? >> it is. look at some names on the move after earnings, latest drugs, clinical trials and mostly good news here, look at bristol-myers up 2 1/2% for bmy. they did beat street expectations. they're posting gains doing very well with that. they settled claims with a interdrug trial subject. they moved along from that. pfizer here at a 52-week high. pfizer shares hitting this multiyear high on the results of several studies. they have done well with treatments for depression, overactive bladder, quitting smoking. biogen i can't leave out doing well. up 1.3% right now. back to you. tracy:
ashley: that's right. >> moving tax rates, capital gains and dividend taxes from 15 to 24%, and taxing the rich is not a pro-growth policy. ashley: have to leave it right there. ed lazear, thanks so much for joining us. really appreciate it. >> thank you. tracy: especially when the rich keep moving. ashley: that's right. good point. tracy: follow the golfers. as we do every 15 minutes we check the markets now. nicole petallides on the floor of the stock exchange. good day for the...
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Jan 24, 2013
01/13
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it's just after one month after the largest tax cut in kansas history. critics charge the policies leave many in the state without basic services or proper education. >> they still have good steak. that's good. a good night's sleep is good for business. the results of a new study coming up. >> and the broadcast industry is shedding jobs, but help wanted at the arab tv channel, al jazeera. the details ahead on media minute. >> as we head to break, winners on the nasdaq. as you see, apple is not a winner. bed bath, western digital, and more. we'll be right back. ♪ [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. just like you. i have obligations. cute tobligations, but o
it's just after one month after the largest tax cut in kansas history. critics charge the policies leave many in the state without basic services or proper education. >> they still have good steak. that's good. a good night's sleep is good for business. the results of a new study coming up. >> and the broadcast industry is shedding jobs, but help wanted at the arab tv channel, al jazeera. the details ahead on media minute. >> as we head to break, winners on the nasdaq. as you...
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Jan 24, 2013
01/13
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. >> are we going to see higher taxes after we saw higher taxes at the beginning of the year? >> no, no, you're not, and i think the president probably does know that, but we're not going to see higher taxes. i don't think anybody thinks that it's a good idea to keep pay more taxes when you don't fix the spending problem. i can't tell you how many people have come to me that said, eric, if you fix the problem, i don't mind contributing more, but we haven't even begun to fix the problem and that's the issue. on taxes, maria, i think we do have an opportunity to engage in that kind of discussion. we've got this sequestration that will hit march 1st. we have a continuing resolution that will come at the end of that month. there are all kinds of trigger points, if you will, that will facilitate more of these discussions and hopefully will lead to a much broader solution than just going about these kind of discretionary cuts. >> let me get your take on the low hanging fruit in terms of spending cuts. medicare, medicaid, social security, health care costs, the drivers of the debt. w
. >> are we going to see higher taxes after we saw higher taxes at the beginning of the year? >> no, no, you're not, and i think the president probably does know that, but we're not going to see higher taxes. i don't think anybody thinks that it's a good idea to keep pay more taxes when you don't fix the spending problem. i can't tell you how many people have come to me that said, eric, if you fix the problem, i don't mind contributing more, but we haven't even begun to fix the...
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Jan 24, 2013
01/13
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>> well, taxing our nation roz job creators is not going to create more jobs. these are the jobs that my generation is going going to need to pay down the debt mitchell generation will be spending our prime years pga massive taxes to pay down the debt, and -- or to pay towards entitlement in interest payments alone. so, taxing our nation's job creators is not going to solve anything. >> e. >> the irony is barack obama got that young vote joe e overwhelmingly. >> he was able to say it's' a good thing you're staying in your mother's basement until you're 27 years old. ask him at 27 when they're out to there for the first time hit the bricks, any job experience? no. any experience? >> i lived in a basement for a while. we're becoming a welfare foe site. they're calling out our natural instincts and it sounds great and sells well to young people. ultimately it's not a gift, it's can curse. >> thank you very much. >> thank you. >> in the meantime, if she lip synchs, he lied. and his girlfriend was fake. count me fried. ♪ ÷÷ ♪ and the home of the brave ♪ th
>> well, taxing our nation roz job creators is not going to create more jobs. these are the jobs that my generation is going going to need to pay down the debt mitchell generation will be spending our prime years pga massive taxes to pay down the debt, and -- or to pay towards entitlement in interest payments alone. so, taxing our nation's job creators is not going to solve anything. >> e. >> the irony is barack obama got that young vote joe e overwhelmingly. >> he was...
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Jan 28, 2013
01/13
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up like new york, which has no state income tax, florida has no state income tax, and new york has the second highest rate in the nation passed by alaska. the sunshine state hopes for more new residents so they have an office dedicated to the financial world's biggest names. cheryl: i don't blame them. brazil sidewalks have a new decoration. they have two dimensional bar codes into the sidewalks. the codes, also known as qr codes, installed at 30 different beaches, vistas, and historic sites throughout the country. two million visitors will get information as they walk around. access information like facts and maps by down loading on the smart phone and scan the code. the first installed friday at the massive boulder at the end of a beach. never been there. sound great. i could go right now. thank you very much. i need to go because it's snowing outside. all right. illinois headed for a fiscal dallas. that's the warning from state treasurer. he's joining melissa and lori exclusively. s&p downgraded illinois as the losest -- lowest state. dennis: the new fees you need to know about befo
up like new york, which has no state income tax, florida has no state income tax, and new york has the second highest rate in the nation passed by alaska. the sunshine state hopes for more new residents so they have an office dedicated to the financial world's biggest names. cheryl: i don't blame them. brazil sidewalks have a new decoration. they have two dimensional bar codes into the sidewalks. the codes, also known as qr codes, installed at 30 different beaches, vistas, and historic sites...
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Jan 27, 2013
01/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. >>> former massachusetts senator scott brown learned two lessons the hard way -- do not engage trolls on twitter, and do not delete your tweets. you see, brown usually ignores nasty tweets that are thrown his way. late friday night he must have had enough of his detractors and responded. he had enough. tweeted several people with the response, whatever. as the night wore on, whatever became this. this would be the word whatever spelled with a b and a q. the early-morning messages were deleted. it set off a series of jokes. one person even registered it as a domain name. the recent tweet from brown since this happened is he went for a run and went to the gym. destined to take them over. ♪ the sirius xm satellite radio in the 2013 ram 1500. engineered to move heaven and ea
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. >>> former massachusetts senator scott brown learned two lessons the hard way -- do not engage trolls on twitter, and do not delete your tweets. you see, brown usually ignores nasty tweets that are thrown his way. late friday night he...
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Jan 30, 2013
01/13
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going to take some of the pathetic questions that ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ >>. >> sean: biggest football game of the year has not been played yet but the commercials are creating controversy. this year it's accusations of sexism and racism that are already being leveled at two ads set to air during the game. so, the question al
going to take some of the pathetic questions that ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose...
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Feb 1, 2013
02/13
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FOXNEWSW
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the repate ration tax is gigantic. that's why a lot of money is overseas in tax haven. get the money back to the united states so they'll hire and spend capital. that's how you get the economy to grow. >> do you think we see 15,000 this year? it's only the first month. >> here's the funny thing. a lot of people are on the sidelines. that money will come in because bond rates are at 2%. >> are you one of the those people on the sidelines? >> i've been in but i'm getting nervous. at some point the market will say i'm over valued, i've got to correct. everybody is calling for correction. that means the market will continue upward. >> there were a lot of guys like you, scott, in the middle of the crisis. >> i thought i was one o one ofa kind. >> you said maybe we should take the money out of the market, don't play that. then you missed this rally. what's your advice for the average investor. >> you have to start legging in here. i really do, i think the market is going to reward you for taking on some risk. there's really nowhere else to go, jenna. even corporate bobbe bond
the repate ration tax is gigantic. that's why a lot of money is overseas in tax haven. get the money back to the united states so they'll hire and spend capital. that's how you get the economy to grow. >> do you think we see 15,000 this year? it's only the first month. >> here's the funny thing. a lot of people are on the sidelines. that money will come in because bond rates are at 2%. >> are you one of the those people on the sidelines? >> i've been in but i'm getting...
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Jan 31, 2013
01/13
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we know that people over 200,000 a year are going to pay 4-1/2% more in tax. we know there's certain stability. let's hope we wet through the debt ceiling crisis, and then you'll see the private sector invest. if there's one thing this president is going to be known for, he is all over the social issues, guns and gay marriage and healthcare but has done nothing to help this economy. and when you look at what jack will you and rob neighbors and gene sprawling did in the summer of 2011, are you shock wed have had this anemic recovery? and we're not in a recovery. near a recession. >> one more quarter and we're in a technical recession as well. one more quarter of negative. let's talk about this for a little bit. so, what we really need is growth to come back into the economy. for me, ronald reagan, margaret thatcher, said let people keep more of their own money and then people invest in their businesses or invest in themselves go out to dinner, a movie. thatthat's economic growth. >> you're absolutely correct. and look, the numbers are clear. if we were growing
we know that people over 200,000 a year are going to pay 4-1/2% more in tax. we know there's certain stability. let's hope we wet through the debt ceiling crisis, and then you'll see the private sector invest. if there's one thing this president is going to be known for, he is all over the social issues, guns and gay marriage and healthcare but has done nothing to help this economy. and when you look at what jack will you and rob neighbors and gene sprawling did in the summer of 2011, are you...
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Jan 31, 2013
01/13
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companies to avoid taxes on the overseas profits. republicans say serve as nothing more than a political show. >> once in the president could have done instead of wasting so much time blaming others would have been to convey the java council he created a mixed so much fanfare. he is no has not done so for mon a year. rich: the two-year charter now expires. back to you. melissa: breaking news right now, federal judge in iowa has sentenced financial group chairman to 50 years in prison, the maximum term. he attempted suicide last summer outside of peregrine headquarters before regulators learned $200 million in possible funds went missing. russell wasendorf was 64 years old, is 54 years old, pardon me. the twinkie name over $24 million. when they open the bidding for the snack brand, but how high could the bidding go? adam shapiro with more on that. adam: maybe $920 million depending on what the bidders are willing to pay, but apollo global management and they set the floor on what they're willing to pay for hostess brands, wonder brea
companies to avoid taxes on the overseas profits. republicans say serve as nothing more than a political show. >> once in the president could have done instead of wasting so much time blaming others would have been to convey the java council he created a mixed so much fanfare. he is no has not done so for mon a year. rich: the two-year charter now expires. back to you. melissa: breaking news right now, federal judge in iowa has sentenced financial group chairman to 50 years in prison, the...
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Jan 29, 2013
01/13
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by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great legs, is it time to get out of bonds? >> yes, some investors, larry, have to be in bonds, they're benchmarked, certain liquidity and credit restraints. they have to be in treasuries. as an individual investor, you'd want to stay away from bonds. and if you were a speculative investor, you'd want a short bonds. there's no value in the treasury market. with nominal gdp even at 4% let alone the possibility we could accelerate to five. they don't belong at 2%, really somewhere over 4%. they won't get to 4% until the fed actually
by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great...
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Jan 30, 2013
01/13
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andrew napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well, that would make you... the creators of the 2013 mercedes-benz e-class... quiteossibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >> i am lori laughlin with your fox business brief. the latest policy meeting is underway. they will stick with its plan of
andrew napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all...
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Jan 31, 2013
01/13
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had michelle meyer here yesterday saying q-1 gdp might see a slight setback because of the payroll tax increase hitting the consumer. second quarter will see the impact of sequestration. that is the conventional wisdom right now we will have the automatic spending cuts. >> if you look at the personal next number, that was very, very bullish. the fed is doing -- and i think, getting what they want. you could make an argument that if you look at the first kind of two, three of the asset buying, essentially they didn't work. we are now actually seeing traction. that's a function of the market slowly recovering or what the fed is doing is finally working. i think it's a little bit of both. but again, you are getting healing. you are getting household wealth higher. this is one of the things they were targeting. >> right. okay. i believe that rebecca's issues are fixed. >> can you hear me now? >> we thought we might be able to mime, you know, you could mime your answers, but you know, having audio is much better. >> you guys are great lip readers. that was exactly what i said. >> see that?
had michelle meyer here yesterday saying q-1 gdp might see a slight setback because of the payroll tax increase hitting the consumer. second quarter will see the impact of sequestration. that is the conventional wisdom right now we will have the automatic spending cuts. >> if you look at the personal next number, that was very, very bullish. the fed is doing -- and i think, getting what they want. you could make an argument that if you look at the first kind of two, three of the asset...
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Jan 25, 2013
01/13
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class and the victims of sandy, were freezing, had no place to go for the holidays, but you used our tax dollars to take your family away to go play ball, and have a good time, while my family did not get to spend christmas here. it's the first one in ten years that i did not spend christmas in my house. i had to go to my sister's house to easement my kids weren't home mitchell daughter didn't come home. but you, mr. president, went away and got to enjoy yourself and you have lied to the american public. i have asked you to come back here to staten island to tell us why you broke your promise. you know where i live. you made a promise. you looked me eye-to-eye. i will look you eye-to-eye right now and say, president obama, come back to staten island and talk to the victims and tell us why you're not helping like you promised,. >> scott, we have to leave it there. we'll say a prayer for you. hopefully we get this aid through the senate and get it to you guys as soon as possible. scott, thank you very such. >> to washington, mike, what is holding things up in. >> a great question. the sena
class and the victims of sandy, were freezing, had no place to go for the holidays, but you used our tax dollars to take your family away to go play ball, and have a good time, while my family did not get to spend christmas here. it's the first one in ten years that i did not spend christmas in my house. i had to go to my sister's house to easement my kids weren't home mitchell daughter didn't come home. but you, mr. president, went away and got to enjoy yourself and you have lied to the...
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Jan 30, 2013
01/13
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very aggressive ones on march 1 and that will have, in addition to the fiscal drag, higher taxes. that will hurt the economy which may have to prompt the fed to do more. how they characterize the economy is critical. as i said, they are cognizant about it not be a self fulfilling prophecy. also, esther george is voting and she will be with her predecessor from kansas city this time around as well. >> when you consider the huge reaction and the discussion of how hawkish the minutes are, they are try to get it very, very straight. >> i think they talk about it the last several days. i'm not sure we will see much in terms of the announcement of the minutes. i think they recognize that all asset markets are artificially priced and dependent on the ability of their monetary policy but the time that it takes to do so and how long the fed stays low and how long it takes to get to 6.5% unemployment are the relative questions for the market today. we think it'll be a few years at least -- >> federal open market committee decides to keep funds rate at 0 to quarter percent an anticipate this
very aggressive ones on march 1 and that will have, in addition to the fiscal drag, higher taxes. that will hurt the economy which may have to prompt the fed to do more. how they characterize the economy is critical. as i said, they are cognizant about it not be a self fulfilling prophecy. also, esther george is voting and she will be with her predecessor from kansas city this time around as well. >> when you consider the huge reaction and the discussion of how hawkish the minutes are,...
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184
Jan 26, 2013
01/13
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to higher taxes. still ahead tonight and angry mother pulled out of court after lashing out accused of sexuallyafter her daughter's coach was accused of sexually assaulting her daughter. that's now we got this morning may be just a taste of the winter weather we will get over the weekend. i,ac r [ indistinct conversations ] [ male announcer ] when you wear dentures you may not know it but your mouth is under attack. food particles infiltrate and bacteria proliferate. ♪ ♪ protect your mouth, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ ♪ fixodent, and forget it. a febreze experiment. to prove febreze can keep this car fresh, we loaded it with fast food, sweaty hockey gear and a smelly dog cage. and parked it at a mall. in texas. for two days. then put a febreze car vent clip on the dash and let in real people. it smells good. like laundry fresh out of like the dryer. yeah. a man fresh out of the shower. nailed it. oh yeah.
to higher taxes. still ahead tonight and angry mother pulled out of court after lashing out accused of sexuallyafter her daughter's coach was accused of sexually assaulting her daughter. that's now we got this morning may be just a taste of the winter weather we will get over the weekend. i,ac r [ indistinct conversations ] [ male announcer ] when you wear dentures you may not know it but your mouth is under attack. food particles infiltrate and bacteria proliferate. ♪ ♪ protect your mouth,...
369
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Jan 25, 2013
01/13
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that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on the taxing side but certainly on the expenditure side. i'm dying to hear the -- to hear the expenditure and less spending side. i agree with that. but i'm not -- i'm not -- i wouldn't use the term disappointed until this whole process is over. i don't think we're in the -- i don't think we're in the seventh inning of this process. >> yeah. >> because at this point, we're -- >> at this point we're at, you know, simpson-bowles and rivlin domenici and the gang of all of these the idea was to get rid of a lot of the deductions and loopholes, so that you could broaden the base with a lower
that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on...